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Media Statements

the dti and Vhembe District Municipality to Host SMME Summit

2018-11-09
 
The Departments of Trade and Industry (the dti), in partnership with the Vhembe District Municipality will host a two-day Small, Medium and Micro Enterprises (SMME) Summit at the Thohoyandou Town Hall, Thulamela Local Municipality in Limpopo from 15-16 November 2018. The theme of the summit is Building Local Economy through SMME Development.   

More than 500 delegates representing local SMMEs, cooperatives, big business, government agencies, financial institutions, farmers, business and labour organisations, community members, and academic institutions will attend the summit.  

Deputy Ministers of Small Business Development, Mr Cassel Mathale, Economic Development, Mr Madala Masuku, Telecommunications and Postal Services, Ms Stella Ndabeni-Abrahams, Agriculture, Forestry and Fisheries, Mr Sifiso Buthelezi, as well as the MEC for Economic Development, Environment and Tourism in Limpopo, Mr Seaparo Sekoati are also expected to attend the event.

According to Deputy Minister Magwanishe, the summit will provide a platform where entrepreneurs, small business practitioners, organised SMME structures, government and big business will interact and share ideas and information on a variety of critical and pertinent issues that affect the SMME sector.  

“The South African government recognises the important contribution of SMMEs in the country’s economic growth, creation of employment and alleviation of poverty. To this extent, the National Development Plan envisages that 90 percent of the country’s jobs should come from the SMME sector by 2030. The achievement of this objective requires that all stakeholders work together in order to ensure that SMMEs in all parts of the country function to their full potential. The Vhembe SMME Summit will provide us with an opportunity to engage on all aspects of small business that can enable the entrepreneurs in the districts to grow their businesses and increase their capacity to create job opportunities,” says Magwanishe.

He adds that topics that will be discussed at the summit include enterprise support and development, creation of ecosystem amongst SMMEs. financial and non-financial support, government and private sector programmes and projects that present opportunities for the SMMEs, private and public procurement opportunities for SMMEs, as well as the development of markets for the SMMEs.

The Mayor of the Vhembe District Municipality, Councillor Florence Radzilani says the summit is a big opportunity for entrepreneurs in the district to interact with the local, national and provincial political leadership and share ideas on government interventions, opportunities and programmes available for the growth and sustainability of their enterprises.

“It is a rare occurrence but special occasion that numerous deputy ministers from national departments converge at a summit to interact with entrepreneurs face-to-face. This is the opportunity that our entrepreneurs will grab with both hands and utilise it effectively to their benefit. Our pledge is to make sure that the summit is not a talk-shop but a fruitful and productive gathering that will produce a clear programme of action to take our SMMEs to the next level,” says Radzilani.

She adds that the expectation of the political leadership from entrepreneurs that will attend the event is that entrepreneurs will share ideas on concrete proposals and suggestions that will result in a tangible, implementable strategy that will take the district’s SMMEs to the next level.

Enquiries:

Department of Trade And Industry    
Sidwell Medupe
Departmental Spokesperson
Tel: 012 394 1650
Mobile: 079 492 1774
E-mail: MSMedupe@thedti.gov.za
Follow us on Twitter: @the_dti

Vhembe District Municipality
Mr Moses Shibambu
Media Liaison Officer
Mobile: 072 117 3726/082 675 1993
Email: Shibambum@vhembe.gov.za


Issued jointly by the Department of Trade and Industry (the dti) and Vhembe District Municipality